The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.
The tariffs would ensnare cutting-edge smartphone and PC-related chips for Apple, AMD and Nvidia if enacted. But Trump is betting his plan will bring more chip production to the US.
Tariffs only exist to protect the profits of the ruling class.
Do not be fooled. Tariffs are not good for us.
Japan used tariffs to increase domestic industries and leap frog into the 20th century. It enabled them to take part in WW II and beyond. That’s why you’ll see giant corporations that control multiple different industries.
It did work for Japan. The US is in a completely different situation though, and it’ll only hurt.
The US also used protectionism in the 19th and 20th centuries
You know it wasn’t the same. And if you don’t know that then you shouldn’t even respond like that.
You clearly know nothing
https://en.wikipedia.org/wiki/History_of_tariffs_in_the_United_States
Has nothing to do with the current situation.
But “america bad” so you do you.
Has everything to do with the current situation.
what else would you call enabling a genocide?
There it is. ML user is a single issue voter, if they’re even American to begin with .
You can’t even distinguish between a century wide gap in economics and today.
Tariffs can help with preparation, and they are a tool like many other policies. These ones, though, are not thoughtfully planned out. These protect no one, not even the mega-corps who need to figure out how to make everything domestically or price themselves out of the market.
Not true. A nation doesn’t need tariffs to help with preparations unless they’re also trying to maintain the dominance of their ruling classes.
Tariffs mean we have to pay for it instead of them. They can afford it, but they won’t foot the bill unless they are forced to.
I’ve found it soul crushing that anyone believed tariffs would help.